KMT Stock Analysis: Kennametal | NYSE
Tools & Accessories | NYSE, USA | Market Cap: 2.346m USD | 12M Return: 50.9% | US4891701009 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 43.2M
EPS Trend: 53.8%
Qual. Beats: 4
Rev. Trend: 34.6%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kennametal Inc. (NYSE: KMT) is a Pittsburgh-based industrial manufacturer founded in 1938 that develops tungsten carbides, ceramics, and other hard materials for customers worldwide. It reports under two business segments: Metal Cutting and Infrastructure, with the Metal Cutting business selling milling, hole making, turning, threading, and toolmaking systems to makers of airframes, aero engines, trucks, automobiles, ships, and general industrial equipment under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands.
The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and metallurgical powders that serve oil and gas, petrochemical, mining, road milling, aerospace, defense, and packaging end markets. Products include frac seats and nozzles for energy applications, armor and tungsten penetrators for aerospace and defense, and ceramics used in film and paper metallization. Distribution is handled through a direct sales force as well as independent and national distributors, integrated supplier channels, and digital channels.
KMT is classified in the GICS Industrials sector within Industrial Machinery & Supplies & Components and trades as a U.S. mid-cap common stock following its 1987 listing. As a supplier of wear-resistant tooling and engineered components, the companys revenue is tied to capital spending cycles in heavy industries such as energy, mining, aerospace and defense, and industrial manufacturing, which together drive demand for hard-material cutting and wear solutions.
- Metal Cutting margins pressured by weaker auto and industrial demand
- Infrastructure segment lifts on rising oil and gas drilling activity
- Tungsten raw material costs compress consolidated operating margins
| Net Income: 342.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -7.24 > 1.0 |
| NWC/Revenue: 46.47% < 20% (prev 31.37%; Δ 15.10% < -1%) |
| CFO/TA -0.00 > 3% & CFO -4.01m > Net Income 342.4m |
| Net Debt (667.1m) to EBITDA (587.2m): 1.14 < 3 |
| Current Ratio: 2.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (77.9m) vs 12m ago 1.29% < -2% |
| Gross Margin: 41.06% > 18% (prev 30.41%; Δ 10.65% > 0.5%) |
| Asset Turnover: 82.47% > 50% (prev 77.27%; Δ 5.20% > 0%) |
| Interest Coverage Ratio: 16.63 > 6 (EBIT TTM 477.2m / Interest Expense TTM 28.7m) |
| A: 0.35 (Total Current Assets 1.77b - Total Current Liabilities 676.7m) / Total Assets 3.17b |
| B: 0.47 (Retained Earnings 1.48b / Total Assets 3.17b) |
| C: 0.17 (EBIT TTM 477.2m / Avg Total Assets 2.86b) |
| D: 1.01 (Book Value of Equity 1.57b / Total Liabilities 1.56b) |
| Altman-Z'' = 5.97 = AAA |
| DSRI: 1.15 (Receivables 408.4m/295.4m, Revenue 2.36b/1.97b) |
| GMI: 0.74 (GM 30.41% / 41.06%) |
| AQI: 0.82 (AQ_t 0.17 / AQ_t-1 0.21) |
| SGI: 1.20 (Revenue 2.36b / 1.97b) |
| TATA: 0.11 (NI 342.4m - CFO -4.01m) / TA 3.17b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of August 16, 2026, the stock is trading at USD 31.22 with a total of 1,681,905 shares traded. Over the past week, the price has changed by -5.16%, over one month by -8.45%, over three months by -10.69% and over the past year by +50.89%.
Current recommended Stop Loss: 29.20 (which is 6.5% or 1.3 ATR below the current price).
Kennametal has received a consensus analysts rating of 2.50. Therefore, it is recommended to sell KMT.
- StrongBuy: 0
- Buy: 0
- Hold: 5
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 33 | 5.7% |
P/E Trailing = 6.84
P/E Forward = 22.1239
P/S = 0.9954
P/B = 1.5336
P/EG = 1.253
Revenue TTM = 2.36b USD
EBIT TTM = 477.2m USD
EBITDA TTM = 587.2m USD
Long Term Debt = 597.4m USD (from longTermDebt, two quarters ago)
Short Term Debt = 32.2m USD (from shortTermDebt, last quarter)
Debt = 762.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 45.4m
Net Debt = 667.1m USD (calculated: Debt 762.9m - CCE 95.8m)
Enterprise Value = 3.01b USD (2.35b + Debt 762.9m - CCE 95.8m)
Interest Coverage Ratio = 16.63 (Ebit TTM 477.2m / Interest Expense TTM 28.7m)
EV/FCF = -37.24x (Enterprise Value 3.01b / FCF TTM -80.9m)
FCF Yield = -2.69% (FCF TTM -80.9m / Enterprise Value 3.01b)
FCF Margin = -3.43% (FCF TTM -80.9m / Revenue TTM 2.36b)
Net Margin = 14.53% (Net Income TTM 342.4m / Revenue TTM 2.36b)
Gross Margin = 41.06% ((Revenue TTM 2.36b - Cost of Revenue TTM 1.39b) / Revenue TTM)
Gross Margin QoQ = 58.86% (prev 34.69%)
Tobins Q-Ratio = 0.95 (Enterprise Value 3.01b / Total Assets 3.17b)
Interest Expense / Debt = 3.76% (Interest Expense 28.7m / Debt 762.9m)
Taxrate = 24.04% (110.9m / 461.3m)
NOPAT = 362.5m (EBIT 477.2m * (1 - 24.04%))
Current Ratio = 2.62 (Total Current Assets 1.77b / Total Current Liabilities 676.7m)
Debt / Equity = 0.49 (Debt 762.9m / totalStockholderEquity, last quarter 1.57b)
Debt / EBITDA = 1.14 (Net Debt 667.1m / EBITDA 587.2m)
Debt / FCF = -8.24 (negative FCF - burning cash) (Net Debt 667.1m / FCF TTM -80.9m)
Total Stockholder Equity = 1.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.98% (Net Income 342.4m / Total Assets 3.17b)
RoE = 24.79% (Net Income TTM 342.4m / Total Stockholder Equity 1.38b)
RoCE = 24.12% (EBIT 477.2m / Capital Employed (Equity 1.38b + L.T.Debt 597.4m))
RoIC = 14.92% (NOPAT 362.5m / Invested Capital 2.43b)
WACC = 8.37% (E(2.35b)/V(3.11b) * Re(10.16%) + D(762.9m)/V(3.11b) * Rd(3.76%) * (1-Tc(0.24)))
Discount Rate = 10.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -79.49 | Cagr: -1.08%
[DCF] Fair Price = unknown (Cash Flow -80.9m)
EPS Correlation: 53.80 | EPS CAGR: 22.21% | SUE: 4.0 | # QB: 4
Revenue Correlation: 34.56 | Revenue CAGR: 1.84% | SUE: 0.88 | # QB: 2
EPS current Quarter (2026-09-30): EPS=2.53 | Chg30d=+70.06% | Revisions=+57% | Analysts=8
EPS next Quarter (2026-12-31): EPS=1.30 | Chg30d=+21.75% | Revisions=+57% | Analysts=8
EPS current Year (2027-06-30): EPS=5.02 | Chg30d=+26.30% | Revisions=-50% | GrowthEPS=+9.9% | GrowthRev=+43.8%
EPS next Year (2028-06-30): EPS=2.44 | Chg30d=+1.39% | Revisions=-40% | GrowthEPS=-51.3% | GrowthRev=+3.7%
[Analyst] Revisions Ratio: +19% (up=8, down=5)